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The Guardian - AU
The Guardian - AU
National
Daniel Hurst Foreign affairs and defence correspondent

Australia to roll out new south-east Asia trade strategy to hedge against China

Anthony Albanese
Anthony Albanese is expected to hold meetings on the sidelines of the Asean and East Asia summits with several counterparts, including Justin Trudeau, Anwar Ibrahim and Xanana Gusmão. Photograph: Lukas Coch/AAP

Anthony Albanese will fly to Jakarta this week to launch a major new strategy to deepen Australia’s trade and investment ties with south-east Asia and hedge against top trading partner China.

Despite China recently reopening the door to key Australian exports that it shunned at the height of diplomatic tensions in 2020, the Albanese government wants to diversify economic ties to reduce exposure to further political tumult.

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